How does the fear of creative destruction help absolutist

Reference no: EM133348307

Question 1. How does the fear of creative destruction help absolutist regimes prevent the development of inclusive institutions? DISCUSS with reference to any historical period you find helpful/interesting.

Question 2. Acemoglu and Robinson argue that absolutist political institutions impede industrialization. Why do they say this? How convincing is this analysis, especially in light of the massive economic expansion in illiberal countries like China today?

Reference no: EM133348307

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